Bloomberg talks Crowdfunding with Kim Wales
Feb. 19 (Bloomberg) — On today’s “Money Moves,” Bloomberg Television focuses on alternative assets and places where investors are investing their money outside of the traditional stock and bond markets. Live with Kim Wales, the founder of Wales Capital, a strategic business advisory firm and Candace Klein, founder of SomoLend, a debt based crowdfunding platform.
Kim is the Chair of the Crowdfunding Professional Association (www.cfpa.org). Candace Klein is the Co-Chair of the Crowdfund Intermediary Regulatory Advocates (www.cfira.org)
(Source: Bloomberg)
TAG : advisor, alternative investments, Compliance, consultant, crowdfinding questions, crowdfund investing, crowdfunding, Crowdfunding Expert, Crowdfunding FAQ's, Crowdfunding for Dummies, crowdfunding ny, Debt, Equity investment, FINRA, global crowdfunding, How to Crowdfund, impact investing, investor protection, jobs act, Kim Wales, minority owned business, new york crowdfunding, SEC, small and medium enterprises, social innovation, uk crowdfunding, wales capital
48 Comments
I believe that crowdfunding is an excellent way of supporting projects of this kind, and I’m sure many creative people would be happy to contribute a modest amount. I certainly would. The important thing is to get the project sufficiently widely known and followed (Twitter would help) so that enough people contribute. Although it’s nice to have some larger sponsors, I’m a great believer in the principles of crowdfunding lots of small contributions from people who can only afford a little, but who would like to be a part of the project in a small way and help bring it to the world at large.As an artist, what I would really like as a reward for contributing would be a photographic print, maybe one of the hands series, for example. But the problem with this kind of reward is that you have to take care that you aren’t spending all your funding on the cost of the rewards and postage, nor all your time on sending them out!Best of luck with this it’s a good project.
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I believe that crowdfunding is an excellent way of supporting projects of this kind, and I’m sure many creative people would be happy to contribute a modest amount. I certainly would. The important thing is to get the project sufficiently widely known and followed (Twitter would help) so that enough people contribute. Although it’s nice to have some larger sponsors, I’m a great believer in the principles of crowd funding – lots of small contributions from people who can only afford a little, but who would like to be a part of the project in a small way and help bring it to the world at large.As an artist, what I would really like as a “reward” for contributing would be a photographic print, maybe one of the hands series, for example. But the problem with this kind of reward is that you have to take care that you aren’t spending all your funding on the cost of the rewards and postage, nor all your time on sending them out!Best of luck with this – it’s a good project.
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Wales Capital will continue providing food for thought and market insights as the crowdfund investment industry evolves for equity and debt transactions. Stay tuned for information related to crowdfund investing for small and medium enterprises.
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